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Published on 21/01/2021 9:02:34 AM | Source: Tradebulls Securities Pvt Ltd

USD/INR has taken support at 73 level but failing to sustain at higher level - Tradebulls Securities

Posted in Currency Report| #Currency Tips #Tradebulls Securities Pvt Ltd

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USDINR

USD/INR has taken support at 73 level but failing to sustain at higher level indicating selling pressure at the upside. There is resistance near 73.29-73.35 so sell on rise near 73.30 for tgt of 73 and stoploss of 73.50

 

EURINR

EURINR has bounced back after strong selling pressure. Now prices are above 20 DMA and near to 50 DMA on hourly chart. Buy on dips near 88.67 for tgt of 89.20 and stoploss of 88.45

 

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